Locked content PHN to issue up to PLN 600 mln in bonds

Poland’s real estate group Polski Holding Nieruchomości (PHN) announced its aim to issue some PLN 600 million in secured bonds, the Polish Press Agency (PAP) informed. “After talks with banks we are mulling an issue of up to PLN 600 million, including PLN 150-200 million in the first tra...

Locked content PHN to acquire Alchemia II

A subsidiary of WSE-listed Polski Holding Nieruchomości (PHN) has signed a contract with real estate developer Torus to acquire perpetual usufruct rights for land located in Gdańsk, by Aleja Grunwaldzka and property rights for the Alchemia II building, the second phase of Alchemia office scheme, the...

Locked content PHN to sell real estate worth PLN 100 mln

Polski Holding Nieruchomości (PHN) prepares to sell real estate from its portfolio worth PLN 100 million by the end of 2015, said Artur Lebiedziński, the CEO of the company. Around PLN 50 million may come from selling of the so-called “prestigious” real estate. “They generate of lo...

Locked content PHN acquires Andersia Business Centre in Poznań

Polski Holding Nieruchomości (PHN) has executed a final agreement for the acquisition of the Andersia Business Center office building in Poznań from Von der Heyden Group. The volume of the transaction is confidential. “We are pleased that we have completed the negotiations held over recent months to...

Locked content PHN plans bond issue

Real estate group Polski Holding Nieruchomości (PHN) plans to offer bonds in a several hundred million issue at the turn of February and March next year, the company’s CFO Włodzimierz Stasiak told ISBnews. PHN has already assessed the market and is now talking to banks, Stasiak said. The company’s C...

Locked content PHN eyes acquisitions

Real estate group Polski Holding Nieruchomości (PHN) is analyzing several potential acquisitions of office projects, the company’s CEO Artur Lebiedziński told the Polish Press Agency in an interview. “They are office buildings located in Warsaw and other Polish major cities,” Lebiedziński said. “Not...

Locked content PHN closer to privatization?

Two bidders have submitted offers for state-controlled real estate group Polski Holding Nieruchomości, according to sourced quoted by Forsal.pl. One of them is Grupa Radius, which confirmed the news. “The offer was submitted several weeks ago,” the company’s press office said. Radius had been intere...

Locked content PHN to buy properties worth PLN 1 bln, plans bond issue

State-controlled real estate group Polski Holding Nieruchomości (PHN) plans office property purchases worth up to PLN 1 billion in its new strategy, the company announced on Thursday. “We will make use of outside financing [in the acquisition processes], so that the use of our funds does not exceed ...